Honey-Can-Do International has acquired Urbio, an award-winning design company that creates organizational solutions for small-space living.
Urbio launched on Kickstarter in 2011. Initially, the Urbio system was viewed as a way to create vertical gardening spaces for urban dwellers. Now the products are seen as solutions for small-space organization and storage, noted Honey-Can-Do.
In 2013, Urbio co-founders Beau Oyler and Jared Aller appeared on the television show “Shark Tank,” where they received three solid offers. This exposure called for Urbio to expand its distribution. Urbio expanded its product line with the addition of Perch in 2015. Perch maintains the functionality of the Urbio system at a more accessible pricepoint and utilizes 3M Command Strip technology to make installation “damage-free,” according to Honey-Can-Do. That same year, Urbio acquired the Sabi Space line of easy to install bathroom accessories.
“We are thrilled to be adding the Urbio, Perch and Sabi products to our assortment,” said Steve Greenspon, CEO of Honey-Can-Do. “The addition of these products will truly make Honey-Can-Do a whole-house solution. The entire team at Honey-Can-Do is excited for the roll out that we feel will further the Urbio mission, as well as complement the assortments of our combined Urbio products, which will continue to be sold under the Urbio by Honey-Can-Do name.”
Distribution and sales will be based out of Honey-Can-Do’s corporate headquarters in Berkeley, IL.
This marks the second acquisition for Honey-Can-Do. In February 2015, the company acquired the Zevro brand of dry food dispensers and barware.